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This paper presents a model of capital accumulation and income distribution that comes from the dynamic interaction between capitalists and workers in an economy. The model is later applied to fit data from the Argentine and the US economies, and to test if they are closer to the implications of...
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We analyze a political competition model of redistributive policies. We provide an equilibrium existence result and a full characterization of the net transfers to the different income groups. We also derive several testable predictions about the way in which the net group transfers and the...
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We study the effect of power sharing over income redistribution among different socio-economic groups in a model of redistributive politics with fairness concern. We prove that a unique pure-strategy equilibrium exists under fairly general conditions; and we show that equilibrium transfers...
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